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New Delhi: Food inflation increased to 16.44% in the week ended 18th September, climbing 0.98 percentage points from 15.46% in the previous week. The rise in food inflation was due to a rise the cost of cereals, fruits, select vegetables and milk on account of supply disruptions due to heavy rains and floods, reports PTI.
This was the fifth consecutive week in which the rate of food prices has risen, after a spell of moderation in July and the first half of August.
An unusually heavy spell of late monsoon showers had resulted in severe flooding across many states, including Delhi, Haryana, Punjab, Uttar Pradesh, Uttarakhand, Himachal Pradesh and Rajasthan, resulting in disruption of supplies.
On an annual basis, cereals prices rose by 6.11%, driven mainly by higher prices of pulses, rice and wheat.
While prices of pulses rose 5.94% on a yearly basis, wheat and rice became costlier by 9.14% and 4.05%, respectively.
Among other food items, milk prices soared by 24.32% during the week compared to the same period last year, while prices of fruits rose by 15.13%.
Vegetables also became dearer by 5.87% on an annual basis. Onion prices went up by 1.39% year-on-year, but potato prices declined by 50.48%, continuing the trend of the last few months.
Fuel inflation declined to 10.73% for the week ended 18th September from 11.48% in the week ended 11th September.
The wholesale price index (WPI) based inflation for the month of August stood at 8.51%, according to the new Wholesale Price Inflation (WPI) series released by the government earlier this month.
As per the old series with a base year of 1993-94, WPI inflation stood at 9.5% for the month.